Market launch capital expenditures for a delivery-only auto sale e-commerce program costs $500,000 while the cost for a vending-machine launch averages $5 million. Carvana’s decision to use vending machines is motivated in part by an effort to attract millennials and … Continue reading →
Declining dynamism refers to the different ways in which workers and entrepreneurs have become less likely to explore new patterns of economic activity such as starting new businesses, switching jobs and moving across the country. According to a 2018 Hamilton … Continue reading →
PBS, which currently occupies about 134,000sf at 2100 Crystal Drive, has signed a 15-year lease at 1225 S. Clark Street (“Crystal Gateway II”) at National Landing in Crystal City. The public broadcaster and television program distributor will transfer to its … Continue reading →
Discount retailer Payless ShoeSource is considering closing at least one-third of its approximately 3,000 stores in an effort to avoid a second bankruptcy, according to CNBC. Payless exited bankruptcy in 2017, slashing its debt from over $800 million to about … Continue reading →
In India, only “statutory towns” are considered urban and have a municipal administration, according to an Bloomberg opinion piece by Reuben Abraham and Pritika Hingorani. The statutory town definition identifies 26 percent of India as urban. The definition of urban … Continue reading →
Exports accounted for 43 percent of South Korea’s GDP in 2017, compared with 20 percent for China, according to the New York Times. In an effort to reduce income disparity and increase domestic consumption, Music creates purchase cheap cialis important … Continue reading →
JBG Smith Properties Inc., the developer of Amazon’s future Virginia headquarters, has sold the 621,000sf Warner Building in DC to CBRE Global Investors for $375.5 million ($606/sf), according to Globest. Built in 1924, the 13-story mixed use property located at … Continue reading →
Located at 720 South Hill Street in LA’s Jewelry District, the seven-story, 105-year-old, 67,000sf Greet Street Building will house tenants dedicated to the cannabis industry. Tenants include a branding and business development consultancy with clients that are in the cannabis … Continue reading →
Because the intellectual property of retailer Toys “R” Us served as collateral on their loans, a group of funds that financed the lenders during the bankruptcy now control rights to the Toys “R” Us and Babies “R” Us brands. According … Continue reading →
Courtroom 478 is where Philadelphia prosecutors conducted civil forfeiture proceedings. Civil forfeiture occurs when the government seizes property under suspicion of its involvement in illegal activity. Unlike criminal forfeiture, which is an in personam proceeding (against the owner of the … Continue reading →